We have noted that BP seems to be either unlucky or negligently careless over the last few years. While re-branding itself BP instead of British Petroleum, replacing the Viking shield with a Daisy and placing wind generators in its garages may have worked wonders for the ‘green’ image it likes to portray, it seems...
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At the end of August Sony went to great pains to assure the markets that it was working closely with notebook manufacturers and that there would be no further recalls required. The recall of 4.1 million Dell and then 1.8 million Apple notebooks was that end of it we were assured. Despite incurring estimated...
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It’s an ill wind that blows no good – goes the old wives tale. Well in the case of El Niño it seems that this, combined with structural improvements in Oil refining and storage may prove a bonus winter for the worlds largest consumer country. Oil prices fell to a six-month low on Friday...
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The USA trade gap increased to a record $68 billion in July the Commerce Department revealed. The number was higher than expectations as American consumers continue with their love affair of the worlds products, despite things getting tighter at home. Much of the increase, about a third, has been attributed to oil prices, though...
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The UK’s Office of National Statistics released its inflation figures this morning with noted increases in both the Consumer Prices Index (CPI) and in the older, but more inclusive Retail Prices Index (RPI). Figures for the CPI show that inflation accelerated to 2.5 percent in August, in the face of an expected levelling off...
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